$359,000
$6K PRICE DROP

Shores of Panama 9900 S Thomas Dr Unit 225 Panama City, FL 32408

Estimated payment $6,185/month

Total Views 2,093
1 Bed
2 Baths
936 Sq Ft
$384 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • 24-Hour Security
  • J.R. Arnold High School Rated A-
  • Indoor Pool
  • Elevator

About This Home

Step into coastal comfort at Unit 225 at the Shores of Panama, one of PCB's most iconic full-amenity resorts. This beautifully maintained condo sits on the second floor, giving you the perfect blend of convenience, privacy, and quick access to the beach, pool deck, and parking garage. Inside, you'll find an inviting open layout with a full kitchen, granite countertops, and a spacious living area that flows naturally to your private balcony — the perfect spot for morning coffee or sunset views over the Gulf. The unit includes a bunk area, making it ideal for families or maximizing rental income. This condo is rental-ready, comes fully furnished, and sits in one of the strongest performing short-term rental buildings on the beach. Shores of Panama offers a massive lagoon-style pool, tiki bars, on-site spa, heated indoor pool, hot tubs, beach access, and private owner amenities. Whether you're looking for a personal beach escape or a proven income generator, Unit 225 gives you the best of PCB living.
Turn-key, rental-ready condo at the highly sought-after Shores of Panama Resort! Unit 225 delivers prime second-floor convenience, eliminating long elevator waits and putting guests steps from the pool deck, beach access, and the Gulf's emerald waters. This unit consistently performs as a strong income producer, making it a perfect addition to any investment portfolio. Inside, you'll find an open layout with a spacious master bedroom, bunks for extra sleeping capacity, and a private balcony overlooking the resort's signature lagoon-style pool. The kitchen features granite countertops, a breakfast bar, and everything needed for short-term rentals or extended stays. Washer/dryer included. Shores of Panama is known for its amenities that drive bookings year-round—massive resort pool, indoor pool, hot tubs, tiki bars, fitness center, covered garage parking, beach entry, and close proximity to restaurants, shopping, and nightlife. Projected ROI stays strong thanks to incredible guest demand, low floor location, and the resort's top-tier amenities. Whether you're expanding your portfolio or stepping into your first investment property, Unit 225 stands out as a reliable income generator in one of PCB's hottest rental markets.

Listing Agent

Patrick Casey

Full Sail Realty of NWFL License #sl3370190 Listed on: 05/23/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,575

Year Built

  • Built in 2007

HOA Fees

  • $3,996 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Stucco

Interior Spaces

  • Recessed Lighting
  • Track Lighting
  • Laminate Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Pool

  • Indoor Pool
  • In Ground Pool

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Additional Features

  • Accessible Common Area
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include cable TV, insurance, internet, legal/accounting, ground maintenance, pool(s), recreation facilities, sewer, security, trash
  • High-Rise Condominium
  • Shores Of Panama Subdivision

Recreation

  • Beach
  • Community Spa

Additional Features

  • Elevator
  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,575

Year Built

Built in 2007

Lot Details

0

HOA Fees

$3,996 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Accessibility Features: Common Area
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Lot Size: 0
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Shores Of Panama
  • Architectural Style: High Rise
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Interior Amenities: Recessed Lighting, Track Lighting
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Laminate
  • Dining Room Type: Bedroom

Exterior Features

  • Pool Features: Indoor, In Ground, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand, Waterfront
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Assigned
  • Garage: Yes
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected
  • Security Features: Building Security, 24 Hour Security
  • Cooling: Central Air
  • Heating: Central
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 11988.48
  • Community Features: Beach, Elevator, Fitness Center, Pool, Waterfront, Short Term Rental Allowed
  • Amenities: Other, See Remarks, Gazebo
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pool(s), Recreation Facilities, Sewer, Security, Trash

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Lot Features: Waterfront, Paved
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Multi-Family

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 3575.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,403 $217,797 -- --
2023 $3,403 $197,997 $0 $0
2022 $2,595 $179,997 $0 $0
2021 $2,138 $163,634 $0 $163,634
2020 $2,155 $166,953 $0 $0
2019 $2,010 $166,005 $0 $166,005
2018 $1,855 $144,925 $0 $0
2017 $1,906 $166,388 $0 $0
2016 $1,911 $164,050 $0 $0
2015 $1,929 $160,608 $0 $0
2014 $1,786 $148,665 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2025 11/23/25 Price Changed $359,000 -1.6% $384 / Sq Ft
05/23/2025 05/23/25 For Sale $365,000 -- $390 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $220,000 Attorney
Special Warranty Deed $10,804,100 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $154,000 New Conventional
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 773941

Central Panhandle Association of REALTORS®

APN: 40000-675-019